Multifamily Development Opportunity in
For Sale
$450,000
1180 Crawford Avenue, Colorado Springs, CO 80911
Approved 22-unit apartment development site in Security-Widefield.
Property Size50,530 SF
Lot Size1.16 Acres
Price / SF$8.91
Days on Market205
Property Features for 1180 Crawford Avenue
General Information
Standard status
Active
Size
50,530 SF
Lot size
1.16 Acres
Property subtype
Land / Unimproved Land
Taxes and HOA fees
Annual Taxes
$3,423
Listing Agency:
Unique Properties LLC
Listed By:
Will McCauley · License #100087986
(781) 733-3732
Source:
Compass
Added: Feb 18
Changed: Sep 8
Last Checked: Sep 9 at 8:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Unique Properties LLC
Investment Insights
Based on property information with market context.
This 1.16-acre site, located on Crawford Avenue in the Security-Widefield submarket of Colorado Springs, presents an approved multifamily development opportunity. The site has received approval for a 22-unit apartment community, complete with development plans. The approved plans feature a modern, efficiently designed three-story apartment building with well-proportioned unit layouts, contemporary architecture, and integrated site planning. The project is designed to maximize density while maintaining tenant livability and operational efficiency. The location is within a suburban residential hub near parks and major employment drivers, including an Amazon distribution center. The area is known for its park-like atmosphere, with access to open space, recreation, and neighborhood amenities such as Pi-Ute Park, Windmill Mesa Park, and the Big Johnson Reservoir. The location also benefits from proximity to Fort Carson, Peterson Space Force Base, and the broader Colorado Springs employment corridor, supporting consistent rental demand. This offering is suited for developers seeking a near-term construction start and a streamlined path to completion.
Key Highlights
- Approved for a 22‑unit apartment community, significantly reducing entitlement risk.
- Completed development plans allow for a near‑term construction start.
- Located in the Security‑Widefield submarket of Colorado Springs, a suburban residential hub.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
85
Businesses Nearby
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Demographics for 80911, CO
34,577
Population
12,516
Households
2.8
Avg Household Size
35
Median Age
24%
College-Educated
94%
High-School Grad
11.1 sq mi
ZIP Area
3,115
Density / Sq Mi
$78,105
Median Household Income
$42,558
Median Earnings
$1,643
Median Rent
$348,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Approved 22-unit apartment development site in Security-Widefield.
Where is this residential land & home lot located?
The property is located at 1180 Crawford Avenue Colorado Springs, CO.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Approved for a **22‑unit apartment community**, significantly reducing entitlement risk.; Completed development plans allow for a near‑term construction start.; Located in the Security‑Widefield submarket of Colorado Springs, a suburban residential hub.
